Stakeholders Flashcards
1
Q
What is a stakeholders?
A
A stakeholder is anyone with an interest in a business. They are individuals, groups or organisations that are affected by the activity of the organisation.
2
Q
What are the two types of stakeholders?
A
Internal and external
3
Q
Owners/shareholders
A
They are interested in how much profit the business makes, and the dividend they will receive
4
Q
Managers
A
They are concerned about their salary, promotion prospects and potential benefits they may receive long term
5
Q
Employees
A
They want to earn high wages and keep their jobs
6
Q
Customers
A
They want the business to produce quality products at reasonable prices
7
Q
Suppliers
A
They want the business to continue buying their products, which gives them a degree of security with honoured contracts and deals
